SWIFT/BIC code PARBITMM095
PARBITMM095 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM095 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 095 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Bp2s Milan T2s |
| City | Milano |
| Country | Italy |
The way the BNP Paribas Securities Services, Italy SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PARB Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- MM Location code
- 2 characters for the city or region of the head office.
- 095 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which branch uses BIC PARBITMM095?
The code PARBITMM095 belongs to Bp2s Milan T2s, a branch or department of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does a transfer to BNP Paribas Securities Services, Italy take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need PARBITMM095 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need PARBITMM095.
What does each part of PARBITMM095 stand for?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT stands for Italy, MM is the code for the city or region and 095 is the code of the department Bp2s Milan T2s.
What is the best way to send money to BNP Paribas Securities Services, Italy in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Can I use PARBITMM instead of PARBITMM095?
PARBITMM is the head office of BNP Paribas Securities Services, Italy, while PARBITMM095 is Bp2s Milan T2s. For a normal transfer the head office code is usually fine, but use PARBITMM095 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.